7/26/2019 Ch19 Efficiency vs Equality

1/15

7/26/2019 Ch19 Efficiency vs Equality

2/15

Chapter _

7/26/2019 Ch19 Efficiency vs Equality

3/15

7/26/2019 Ch19 Efficiency vs Equality

4/15

Lorenz Curve Shows Income Inequality

Chapter 19

Figure 19-1

7/26/2019 Ch19 Efficiency vs Equality

5/15

Inequality Differs in Different Societies and

Is reater for !ealth Than for Income

Chapter 19

Figure 19-2

7/26/2019 Ch19 Efficiency vs Equality

6/15

Inequality in Different Countries

Chapter 19

Figure 19-3

7/26/2019 Ch19 Efficiency vs Equality

7/15

Trends in Inequality in the

"nited States# $%&%'&(($

Chapter 19

Figure 19-4

7/26/2019 Ch19 Efficiency vs Equality

8/15

)edistri*utin+ Income ,ay -arm

.conomic .fficiency

Chapter 19

Figure 19-5

7/26/2019 Ch19 Efficiency vs Equality

9/15

!elfare Cases# $%/('&(((

Chapter 19

Figure 19-6

7/26/2019 Ch19 Efficiency vs Equality

10/15

Chapter 19

Table 19-1

7/26/2019 Ch19 Efficiency vs Equality

11/15

Chapter 19

Table 19-2

7/26/2019 Ch19 Efficiency vs Equality

12/15

Chapter 19

Table 19-3

7/26/2019 Ch19 Efficiency vs Equality

13/15

Chapter 19

Table 19-4

7/26/2019 Ch19 Efficiency vs Equality

14/15

Chapter 19

Table 19-5

7/26/2019 Ch19 Efficiency vs Equality

15/15

Chapter 19

Table 19-6